Word: set
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Dates: during 1950-1959
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Wall Street's bull market last week made its biggest weekly jump of 1959. The Dow-Jones industrial average scooted up 15.51 points to close at 654.76. It was well above the previous alltime high of 643.79 set May 29. and more than 70 points ahead of where the average started on Jan. 1. Brokers expected the climb to continue. Not only was business news generally bright, but the record showed that industrials have advanced smartly in July and August in two years out of every three during the 20th century...
...effect: ''Sheep of all countries, unite! Together we shall bring about the Revolution of the sheep and . . . eat the wolves.'' Quite apart from the typical European unrealism of this notion, Bruckberger points out, what the Russian people did, in reality, was to trade one set of wolves for an even more ravenous lot. In a fascinating confrontation of personalities and social aims, Bruckberger argues that Henry Ford was a greater revolutionary than Karl Marx...
Ford was scarcely to be a model of good labor relations, he set the stage for what Bruckberger thinks of as maritally minded U.S. capitalism. Like any married couple, U.S. capital and labor argue, but the goal is cooperative fertility, with more wealth and a better life for all. This is the U.S.'s "third way" out of Europe's venomous class-struggle impasse...
...love to give good advice to console themselves for not being able to set bad examples...
Westinghouse Desilu Playhouse (CBS, 10-11 p.m.). Drama set in the prizefight ring, with Rory Calhoun as a manager betrayed by the protégé he brought to the big time...